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Nov 30, 2012
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." ♪ ♪ >> andrea: 32 days until the nation is set to go over so-called fiscal cliff and president obama is still in campaign mode. in hatfield, pennsylvania, the president was demonizing republicans -- shocker. meanwhile, house speaker john boehner seems willing to negotiate, as long as it's in good faith. >> it's not acceptable to me and i don't think it's accept to believe you for a handful of republicans in congress to hold middle class tax cuts hostage because they don't want tax rates on upper income folks to go up. >> let's not kid ourselves. i'm willing to move forward in good faith. our original framework still stands. >> andrea: the republican leader mitch mcconnell said he burst in laughter when tim geithner outlined the president's plan. what's next? rush limbaugh and charles krauthammer want republicans to walk away and let obama own the mess. >> the best thing to do is back out of this and let obama and democrats have it and do what you want to do. that will happen anyway. i don't know about you, i don't want my fingerprints on this. >> this is almost unheard of. what do th
." ♪ ♪ >> andrea: 32 days until the nation is set to go over so-called fiscal cliff and president obama is still in campaign mode. in hatfield, pennsylvania, the president was demonizing republicans -- shocker. meanwhile, house speaker john boehner seems willing to negotiate, as long as it's in good faith. >> it's not acceptable to me and i don't think it's accept to believe you for a handful of republicans in congress to hold middle class tax cuts hostage because they...
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Dec 2, 2012
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fiscal cliff talks with democrats. treasury secretary tim geithner saying and telling chris wallace republicans must accept the tax hikes for the wealthy to reach a deal. a deal is what we are after. peter doocy live in washington with more. peter, tell us first, speaker boehner -- the big problem right now with the white house proposal that was just presented. >> jamie, speaker boehner says he was flabbergasted when the treasury secretary geithner came to capitol hill and told him what the president wants. and this is why. >> the president is asking for $1.6 trillion worth of new revenue in ten years. twice as much as he has been asking for in public. he had stimulus spending in here that exceeded the amount of new cuts he was willing to consider. it was not a serious offer. >> reporter: secretary geithner says the white house $4 trillion plan has 2 to 1 ratio of cuts to spending increases. but everything we heard from speaker boehner suggests the $1.6 trillion in new revenue the white house wants is too much. especia
fiscal cliff talks with democrats. treasury secretary tim geithner saying and telling chris wallace republicans must accept the tax hikes for the wealthy to reach a deal. a deal is what we are after. peter doocy live in washington with more. peter, tell us first, speaker boehner -- the big problem right now with the white house proposal that was just presented. >> jamie, speaker boehner says he was flabbergasted when the treasury secretary geithner came to capitol hill and told him what...
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Nov 29, 2012
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cliff, john boehner has a press conference at 11:30 after his meeting with tim geithner. connell: we will speak with -- see what the speaker has to say. with all this back and forth, a decent amount of speculation that a deal is starting to take shape. look at the reporting from politico and they put numbers to its save a framework looks like this. taxes for revenue would rise by $1.2 trillion. families making them to $50,000 would see higher taxes which we have been expecting and entitlement programs would be cut by $400 billion, most coming for medicare and, quote, end of war savings peter barnes and others reported many times as being dubious because they counted the previous budget you have another trillion plus in cuts. that according to politico is the deal, steve murphy is a former campaign manager for dick gephardt and in d.c. today. from the democratic of view anything i just say or just said sound unreasonable? >> i don't think it sounds reasonable except i don't think it is enough. i don't think either party is being realistic about the enormity of the debt and
cliff, john boehner has a press conference at 11:30 after his meeting with tim geithner. connell: we will speak with -- see what the speaker has to say. with all this back and forth, a decent amount of speculation that a deal is starting to take shape. look at the reporting from politico and they put numbers to its save a framework looks like this. taxes for revenue would rise by $1.2 trillion. families making them to $50,000 would see higher taxes which we have been expecting and entitlement...
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Dec 6, 2012
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in firms of the discussions of the fiscal cliff, the white house is focused solely on cuts for top earners. almost no discussion of unemployment insurance and payroll taxes, the farm bill which would include the price of milk and food stamps on a broader level. at what point do these become sticking points in the negotiation? >> reporter: they're going to become sticking points and probably before the end of the year, because remember there are a couple of things going on. if the president gets a deal on rates, republicans are going to be less inclined to go along with some of the other things, like extended unemployment insurance and some sort of extension perhaps in different form of the payroll tax cut. but also to avoid the sequestration, the congress has got to find some way to have cuts in the interim. if they kick the can down the road they have to have month by month cuts. the farm bill, talking $10 billion a month to in effect buy off the sequestration while they negotiate, the farm bill if you take the senate bill, $23 billion in subsidies cut overall, $4 billion as mentioned fro
in firms of the discussions of the fiscal cliff, the white house is focused solely on cuts for top earners. almost no discussion of unemployment insurance and payroll taxes, the farm bill which would include the price of milk and food stamps on a broader level. at what point do these become sticking points in the negotiation? >> reporter: they're going to become sticking points and probably before the end of the year, because remember there are a couple of things going on. if the...
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Dec 6, 2012
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with 26 days to go until the country falls over the fiscal cliff, are we seeing some shift in the gop opposition to the president's plan? the president spoke with house speaker john boehner by phone yesterday. it was their first conversation in a week but neither side would characterize that conversation. they agreed not to talk about it publicly. there is this, though, on the front page of today's "washington post." many gop centrists and some conservatives are calling on house speaker john boehner to concede on rates now while he still has leverage and shows concern. ed, as we dive in on this post article, it goes down to points out the republicans do want something in return for this. they want to have some wins in this fight. perception is reality in washington, d.c. and across the land. so if they can give something that looks like, okay, we got a couple things out of this. but that's really not going to be the case when we look at the whole big picture, unless they do that two step, which is get the 98% out of the way and maybe fight over the next eight weeks before the debt cei
with 26 days to go until the country falls over the fiscal cliff, are we seeing some shift in the gop opposition to the president's plan? the president spoke with house speaker john boehner by phone yesterday. it was their first conversation in a week but neither side would characterize that conversation. they agreed not to talk about it publicly. there is this, though, on the front page of today's "washington post." many gop centrists and some conservatives are calling on house...
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Dec 2, 2012
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the fiscal cliff is complicated but chris will break it down with the important guests. exclusive interview with the house speaker john boehner and also the discussion with tim geithner on "fox news sunday" airing at 2:00 p.m. and 6:00 p.m. eastern only on fox. >> eric: hopefully they will break it down and explain it completely. coming up, the doctors will be here to talk about our health. researchers say they now have a formula to calculate a child's risk for obesity, as soon as the baby is born. they say it's as easy as clicking a mouse. but does it work? new report on rise of chronic respiratory illnesses but how do you know if the lingering cough is something more serious? doctors take your questions on the topic right now. there it is. go to fox news.com/sundayhousecall and join the chat. the doctors will take a lot of the questions on the air later today. we'll be talking bronchitis, asthma, respiratory problems in a moment. like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant
the fiscal cliff is complicated but chris will break it down with the important guests. exclusive interview with the house speaker john boehner and also the discussion with tim geithner on "fox news sunday" airing at 2:00 p.m. and 6:00 p.m. eastern only on fox. >> eric: hopefully they will break it down and explain it completely. coming up, the doctors will be here to talk about our health. researchers say they now have a formula to calculate a child's risk for obesity, as soon...
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Dec 3, 2012
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it's 30 days and counting until we go over the fiscal cliff. >> the president is demanding higher tax rates. congressional republicans want deeper spending cuts and entitlement reform. will they make a deal before we bring in the new year with a round of tax increases for all of us? we will ask the two men at the center of the negotiations where we really stand. for the president, treasury secretary timothy geithner. for the gop house speaker john boehner. geithner and boehner only on fox news sunday. plus, we've seen this movie before. the two parties edging closer and closer to the brink. we will ask our sunday panel whether we will get a happy ending or an economic disaster. and our power player of the week. a young beauty queen has to make a tough choice. all right now on fox news sunday. >> hello again from fox news in washington. well, we had quite a day around here friday with talks to avoid the fiscal cliff deadlock, and everyone saying the other side is to blame, pressure secretary geithner scheduled a ground of interviews. then friday afternoon, speaker boehner's office call
it's 30 days and counting until we go over the fiscal cliff. >> the president is demanding higher tax rates. congressional republicans want deeper spending cuts and entitlement reform. will they make a deal before we bring in the new year with a round of tax increases for all of us? we will ask the two men at the center of the negotiations where we really stand. for the president, treasury secretary timothy geithner. for the gop house speaker john boehner. geithner and boehner only on fox...
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Nov 29, 2012
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>>> and as treasury secretary tim geithner meets with congressional leaders ability the fiscal cliff, house speaker john boehner says there's no progress to report. so what now? we'll have a fair and balanced debate just ahead. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. ♪ megyn: well, some good news for new yorkers, and this we're told may be a first. the new york daily news reports that no shootings, stabbings or even slashings were reported on monday. [laughter] congratulations! and while it's rare to go an entire day without such violent crimes near new york, some say it's not a total surprise. you see, the current stats show the nypd is on track to finish 2012 with just over 400 murders reported. that's a far cry from 1990 when more than 2,000 murders were recorded, so, you see, everything is relative here in new york city. just like in your town, right? ♪ megyn: that is the kind of report that makes nana pick up the phone and call me and say why do you live in that city? okay. there is a new government
>>> and as treasury secretary tim geithner meets with congressional leaders ability the fiscal cliff, house speaker john boehner says there's no progress to report. so what now? we'll have a fair and balanced debate just ahead. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. ♪ megyn: well, some good news for new yorkers, and this we're told may be a first. the new york daily news reports that no shootings,...
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Nov 29, 2012
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john boehner saying he has seen no substantive progress on the fiscal cliff talks in the last couple weeks. what compromises need to be made? sheila bair, being a former fdic chair, telling us 4 ways wall street can help out and it is not all good news for investors. liz: did you see the cover of the wall street journal? fed stimulus like gillian 2013. we talked about this the second broke yesterday halfway through the 3:00 p.m. show. the man who wrote the article, wall street journal's chief economic correspondent and chief head head to lend us live. dave: before that is of we will tell you what drove the market with the data download. stocks extending yesterday's gains finishing a volatile session higher with the dow, s&p and nasdaq trading above the 200 day moving average for the first time in three weeks. telecom and health care were the top performing sectors. fewer americans filing first-time applications for unemployment benefits as hurricane sandy had the labor market and continues to subside a bit. weekly jobless claims fell by 20,000, seasonally adjusted 393,000. prior week
john boehner saying he has seen no substantive progress on the fiscal cliff talks in the last couple weeks. what compromises need to be made? sheila bair, being a former fdic chair, telling us 4 ways wall street can help out and it is not all good news for investors. liz: did you see the cover of the wall street journal? fed stimulus like gillian 2013. we talked about this the second broke yesterday halfway through the 3:00 p.m. show. the man who wrote the article, wall street journal's chief...
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Nov 29, 2012
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fiscal cliff. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. so right now all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. >> speaker boehner said the president needs to get serious about what spending cuts he's willing to make. but that was news to senate majority leader harry reid. >> he says that democrats have got to get serious about cuts, spending cuts. where is the disconnect then? >> i don't understand his brain, so you should ask him, okay? >> he's not alone. all this comes as treasury secretary tim geithner held separate meetings today with boehner, reid, nancy pelosi, and mitch mcconnell, and over at the white house spokesman jay carney said the debt ceiling should not be a pawn in any kind of fiscal gamesmanship. >> asking for a -- that a political price be paid in order for congress to do its job to ensure that the united states of america pays its bills and does not default for the first time in its history is deeply irresponsible. >> now, if you're sensin
fiscal cliff. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. so right now all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. >> speaker boehner said the president needs to get serious about what spending cuts he's willing to make. but that was news to senate majority leader harry reid. >> he says that democrats have got to get serious about cuts, spending cuts....
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Dec 19, 2012
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approach the fiscal cliff. it is a common sense plan but the white house is making clear it is a no go for the president. >>> i believe it is important that we protect as many american taxpayers as we can. and our plan b would protect the american taxpayers who make a million dollars or less. >> he will not accept a deal that in order to protect some of the wealthiest americans from having taxes go up shifts the burden on to seniors and the middle class. >>> the house is scheduled to vote on two amendments related to boehner's plan b tomorrow. >>> it will be the hietts level of recognition for daniel inouye the decorated war hero will lie in state in the capitol rotunda. he was the second longest senator in u.s. history. he was awarded the medal of honor back in 2000. the last person to lie in state was president ford in 2006. congress won't be in session tomorrow out of respect for inouye. that's your 5@5:00. now it is time to brew on this. civilians in sen ddenver they wo things that seasoned police do from c
approach the fiscal cliff. it is a common sense plan but the white house is making clear it is a no go for the president. >>> i believe it is important that we protect as many american taxpayers as we can. and our plan b would protect the american taxpayers who make a million dollars or less. >> he will not accept a deal that in order to protect some of the wealthiest americans from having taxes go up shifts the burden on to seniors and the middle class. >>> the house is...
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reporters. >> you know, the president has warned us about the dangers of going over the fiscal cliff. but his actions have not matched his public statements. members of his own party seem quite comfortable with sending the economy over the fiscal cliff. >> the speaker's remarks riled the left and provoked this response from senate majority leader harry reid. >> he says that democrats have got to get serious about cuts, spending cuts. where is the disconnect, then? >> i don't understand his brain, so you should ask him. okay? >> with only a handful of legislative days left on the congress's calendar before the looming fiscal cliff becomes a raw reality, will the president and house gop find a way over the latest road black and back to the bargaining table? >> why did the white house decide to have this as their opening volley when they knew the response would be a negative one that they drew? >> was it hardball opening? yeah, of course it was. the question is, what's the counteroffer? >> i would imagine there has to -- tim geithner is too smart of a guy in this administration is fille
reporters. >> you know, the president has warned us about the dangers of going over the fiscal cliff. but his actions have not matched his public statements. members of his own party seem quite comfortable with sending the economy over the fiscal cliff. >> the speaker's remarks riled the left and provoked this response from senate majority leader harry reid. >> he says that democrats have got to get serious about cuts, spending cuts. where is the disconnect, then? >> i...
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the political theater over the fiscal cliff. treasury secretary tim geithner is on capitol hill right now set to meet with nancy pelosi in less than an hour. earlier today geithner met behind closed doors with house speaker john boehner, senate majority leader harry reid and frank mcconnell. the word he used to describe the overall negotiations, disappointing. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. listen, this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign style rallies and one-sided leaks in the press are not the way to get things done here in washington. >> democrats today said they're confident a deal can be reached by christmas. but admit negotiations would need to pick up steam. as for senator reid, he says it's now up to the gop to make the next move. >> we're still waiting for a serious offer from the republicans. the president has made his proposal. we need a propos
the political theater over the fiscal cliff. treasury secretary tim geithner is on capitol hill right now set to meet with nancy pelosi in less than an hour. earlier today geithner met behind closed doors with house speaker john boehner, senate majority leader harry reid and frank mcconnell. the word he used to describe the overall negotiations, disappointing. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. listen, this...
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Nov 28, 2012
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kerry to be the secretary of state. >> the fiscal cliff negotiations the president trying to rally the middle class in favor of the tax increases on the rich, what is the next step in terms of the real key players which is the president and john boehner? i know they've been talking, there have been a lot of conversations on the phone. is there going to be a meeting? >> you know, andrea, i hesitates to make predictions but i would say that my guess we're probably in a similar place in 14 days as we are today, which is they're talking, the tax rates on the wealthy entitlement reform, these things are still on the table but we haven't had anything defintive. congress and washington in general works best and sometimes works only under a very tight deadline. i can't imagine anything getting done in the next 10 to 14 days, other than kind of the participants, the important participants getting together whether on the phone or in person to hash it out. i think we're looking at kind of closer to christmas rather than further from christmas for a deal if there is a deal chris cizilla, susan pag
kerry to be the secretary of state. >> the fiscal cliff negotiations the president trying to rally the middle class in favor of the tax increases on the rich, what is the next step in terms of the real key players which is the president and john boehner? i know they've been talking, there have been a lot of conversations on the phone. is there going to be a meeting? >> you know, andrea, i hesitates to make predictions but i would say that my guess we're probably in a similar place...
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support than the rank and file before, in fact, giving him flexibility to cut a fiscal cliff deal. the first read team is asking the question how big of a deal will we see? governor christie meets with president obama this time at the white house, and it is just one of the things we thought you should know. be sure to check out our "news nation" tumblr page. you find behind the scenes pictures, and thank you for checking it out and liking our pictures. ♪ ♪ [ male announcer ] campbell's green bean casserole. it's amazing what soup can do we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids
support than the rank and file before, in fact, giving him flexibility to cut a fiscal cliff deal. the first read team is asking the question how big of a deal will we see? governor christie meets with president obama this time at the white house, and it is just one of the things we thought you should know. be sure to check out our "news nation" tumblr page. you find behind the scenes pictures, and thank you for checking it out and liking our pictures. ♪ ♪ [ male announcer ]...
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but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this afternoon president obama's fiscal photo-op off the day takes him to the suburban home of a middle class families in virginia, one of the thousands who responded to the
but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this afternoon president obama's fiscal photo-op off the day takes him to the suburban...
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but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
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Nov 13, 2012
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cisco ceo john chambers talks exclusively about earnings and how the looming fiscal cliff is affecting his company's bottom line. >>> then, in another exclusive, nyse chief duncan niederauer talks to maria about how he's addressing another trading glitch that affected some 200 stocks during yesterday's trading session. >>> and america's business leaders invited to the white house to chime in on fixing the debt and solving the fiscal cliff. but not one bank ceo is on the guest list. why is that? exclusive reaction from a top banking boss coming up on the "closing bell." [ female announcer ] e-trade was founded on the simple belief that bringing you better technology helps make you a better investor. with our revolutionary e-trade 360 dashboard you see exactly where your money is and what it's doing live. our e-trade pro platform offers powerful functionality that's still so usable you'll actually use it. and our mobile apps are the ultimate in wherever whenever investing. no matter what kind of investor you are, you'll find the technology to help you become a better one at e-trade. >>>
cisco ceo john chambers talks exclusively about earnings and how the looming fiscal cliff is affecting his company's bottom line. >>> then, in another exclusive, nyse chief duncan niederauer talks to maria about how he's addressing another trading glitch that affected some 200 stocks during yesterday's trading session. >>> and america's business leaders invited to the white house to chime in on fixing the debt and solving the fiscal cliff. but not one bank ceo is on the guest...
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Dec 28, 2012
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what john boehner is doing by letting us go off the fiscal cliff is raising every american's income taxes in about a week by not negotiating with the white house. he -- he's in a awkward position, he can't even get his own party to back his own republican proposals, so what we're seeing is congressmen and congress women are on vacation, senate is in session, the white house is there. everybody's working except congress. >> you know and i know congress is coming back sunday. michelle, talk about this. mark says it's not a revenue problem. it is a revenue problem, it's not a spending problem. what do you see? >> z we're not on the verge of fiscal cliff, we have already gone over the of fiscal cliff. look at our problem with spending, how bloated our government is. we're $16 trillion in debt. something needs to be done. this year we're going to spend $165 billion more than we receive in social security. $3 we're going to spend for every 65 we receive in social security in medicare. this is absolutely -- we need to stop. this is not fair to young people. it's not fair for future generations t
what john boehner is doing by letting us go off the fiscal cliff is raising every american's income taxes in about a week by not negotiating with the white house. he -- he's in a awkward position, he can't even get his own party to back his own republican proposals, so what we're seeing is congressmen and congress women are on vacation, senate is in session, the white house is there. everybody's working except congress. >> you know and i know congress is coming back sunday. michelle, talk...
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i think the president's opportunity on the fiscal cliff issue is going to come from putting together a coalition the way john has described, but the longer term sort of performance for the white house is really going to be about whether the economy is truly bouncing back strongly or not. and if it is, then wall street will stop being upset at him. that the -- sorry. >> i was going to say, maybe part of it, "the wall street journal" argues today if they get a grand bargain then there's more certainty and the business community that is sitting on trillions of dollars in capital releases some of that hiring begins and so forth. >> not just that. the business community, there are rich people who don't want to see their taxes go up. if you go to people in business, and even on wall street, you talk to them about personal tax rates versus corporate tax rates and the business community, a lot of people would be willing to do -- would be perfectly happy to see individual rates in the business community if it was part of a big package that lowered corporate rates, one of the things that's wha
i think the president's opportunity on the fiscal cliff issue is going to come from putting together a coalition the way john has described, but the longer term sort of performance for the white house is really going to be about whether the economy is truly bouncing back strongly or not. and if it is, then wall street will stop being upset at him. that the -- sorry. >> i was going to say, maybe part of it, "the wall street journal" argues today if they get a grand bargain then...
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cliff. the white house saying they don't expect we will. they still hope it can be prevented, but they have to start planning. also, speaker of the house john boehner meeting with small business leaders on capitol hill where he reiterated some of his key points. again, just within the past hour. take a listen. >> business owners with us today are here to highlight president obama's demand to raise tax rates instead of cutting spending. his plan will hurt nearly 1 million small businesses around our country. that will affect hundreds of thousands of jobs. >> reporter: and guys, there are republicans here on capitol hill who are urging the speaker to cut a deal with the president. i talked to one of the earliest republicans to say, you know what, let's take a the president up on his offer to extend the bush tax cuts for everybody under $250,000 and at least take that uncertainty off the table and then continue to negotiate the rest to have later. some of the republicans are now coalessing arou
cliff. the white house saying they don't expect we will. they still hope it can be prevented, but they have to start planning. also, speaker of the house john boehner meeting with small business leaders on capitol hill where he reiterated some of his key points. again, just within the past hour. take a listen. >> business owners with us today are here to highlight president obama's demand to raise tax rates instead of cutting spending. his plan will hurt nearly 1 million small businesses...
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Dec 31, 2012
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. >> but can they avoid the fiscal cliff? senator gop john ba roost sew joins us later. no matter what deal congress strikes the capital-gains tax, it shoots up next year. we'll tell you what investors can do to stay in the game. more mony coming up ♪ . adam: well, less than seven hours until the new year and nothing rippings in the new year better than the government raising your taxes right? the capital-gains tax increase will be 20% from the current 15%. some argue that would generate more money from unsell cam. my -- uncle sam. my next guest has a long list of reasons that this would hurt the economy. he is the from the cato institute and head of downsizing dost government.org. thank you for joining us on this holiday. >> thank you. adam: why won't it raise more money if we raise the capital-gains tax? why won't it raise the money for treasury. >> capital is very mobile. we live in a globalized economy. if the united states raises its taxes on capital, in other words, investment, investment will flee across international borders. countries that have high tax rates
. >> but can they avoid the fiscal cliff? senator gop john ba roost sew joins us later. no matter what deal congress strikes the capital-gains tax, it shoots up next year. we'll tell you what investors can do to stay in the game. more mony coming up ♪ . adam: well, less than seven hours until the new year and nothing rippings in the new year better than the government raising your taxes right? the capital-gains tax increase will be 20% from the current 15%. some argue that would...
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Dec 21, 2012
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we're 11 days from the fiscal cliff deadline. we told you earlier, the vote that did not happen, may have put john boehner speakership in jeopardy. but not everyone thinks this means the end of the line for him. chief political correspondent carl cap ron explains for us. >> the morning after failing to convince the party to support the fiscal cliff, john boehner said he is not worried that the setback could cost him his speakership. >> no, i'm not. >> while we have not been able to get vote to avert the tax increases, you don't think they weren't getting that on me. they were dealing with the perception that somebody might accuse them of raising taxes. >> republican candidate campaign against raising any income tax rates this year. so when two to four dozen fiscal conservatives held the line to say they would oppose the plan on rate hike last night, boehner knew it would be depeteed. >> victory for conservative principles because the leadership strayed from the principles. the proposal over the weekend that the speaker offered wa
we're 11 days from the fiscal cliff deadline. we told you earlier, the vote that did not happen, may have put john boehner speakership in jeopardy. but not everyone thinks this means the end of the line for him. chief political correspondent carl cap ron explains for us. >> the morning after failing to convince the party to support the fiscal cliff, john boehner said he is not worried that the setback could cost him his speakership. >> no, i'm not. >> while we have not been...
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Nov 29, 2012
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paul ryan will take place in the fiscal cliff meeting today with treasury tim geithner and house speaker john boehner. >> it may be your favorite spot for lounging around but your couch could be killing you. 85 percent of all couches in the united states contain potentially toxic chemicals according to a study published by the journal of environmental science and technology. most are treated with chemicals that are supposed to prevent fire. many of the chemicals have been banned because they can cause cancer among other problems. >> that is scary. the words husband and wife getting axed from marriage certificates in washington. they will likely be replaced with more gender neutral terms spouse a and spouse b. the same-sex marriage law takes effect december 6th. >> the video you have to see a zebra and tony captured on cell phone video running wild through the streets of staten island, new york. it happened during a busy morning commute. >>> it's a zebra. it's staten island running past me. it came towards me. i tried to stop him so it didn't run into the street. it didn't stop. they were
paul ryan will take place in the fiscal cliff meeting today with treasury tim geithner and house speaker john boehner. >> it may be your favorite spot for lounging around but your couch could be killing you. 85 percent of all couches in the united states contain potentially toxic chemicals according to a study published by the journal of environmental science and technology. most are treated with chemicals that are supposed to prevent fire. many of the chemicals have been banned because...
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Dec 4, 2012
12/12
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. >>> the speaker of the house, john boehner offered up his own plan to avoid the fiscal cliff today. does it add up? >>> and the u.s. ambassador to the united nations, susan rice comes under fire again. this time, it's over rwanda. let's go "outfront. >>> good evening, welcome, everyone. "outfront" tonight breaking news, president obama puts the syrian president on notice. the president is reacting to new evidence that assad's regime has started mixing chemicals to make deadly sarin gas, adding to its massive stockpile of chemical weapons. >> and today i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will be held accountable. >> assad is on the edge of president obama's so-called red line against syria. the president said this summer that syria's use or movement of chemical weapons could mean u.s. intervention. so outfront tonight, barbara star. how exactly -- how clear is the evi
. >>> the speaker of the house, john boehner offered up his own plan to avoid the fiscal cliff today. does it add up? >>> and the u.s. ambassador to the united nations, susan rice comes under fire again. this time, it's over rwanda. let's go "outfront. >>> good evening, welcome, everyone. "outfront" tonight breaking news, president obama puts the syrian president on notice. the president is reacting to new evidence that assad's regime has started mixing...
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Dec 17, 2012
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. >> in the recent talks to avoid the so-called fiscal cliff john boehner insists the president has been singing a different tune. >> it is clear the president is not serious cutting spending. but spend something the problem. >> you hear the talking heads every day the back and forth every day. but have you tried recently to get your head around how much the federal government doles out every day? >> when it comes to government spending what's the very basic math of the problem we have gotten ourselves into? each day dug the month of november the government brought in a little more than $5 billion of revenue. that's a lot of money. we spend more than 11 billion a day. the difference as you can clearly sees roughly $6 billion. how can we keep spending more than we take in? economists we talk to said it's simple, we can't. the government am spends more than $11 billion a day. where does the majority of that money go? here are the top four out lays at the top of the list department of health and human services which goes through 3 billion of tax dollars a day. social security is a close sec
. >> in the recent talks to avoid the so-called fiscal cliff john boehner insists the president has been singing a different tune. >> it is clear the president is not serious cutting spending. but spend something the problem. >> you hear the talking heads every day the back and forth every day. but have you tried recently to get your head around how much the federal government doles out every day? >> when it comes to government spending what's the very basic math of the...
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Dec 8, 2012
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. >> should there be a compromise in order to avoid going over the fiscal cliff? john boehner is already ready for $800 billion in early tax revenue. this is raising the tax rate on the wealthy. but eliminating loopholes, are you with the speaker of the house? >> unfortunately, the presidency has already taken us over the cliff. businesses have already paired back their plans and they're hiring for next year anticipating what's going to happen. so we can fix this christmas eve, if we want. but we've already hurt the economy and hurt -- >> are you with boehner? >> i'm not with boehner. this guy doesn't need more money. >> we doubled spending. >> well, we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you ready to compromise, as far as taxes are concerned. >> well, how we go about tax reform, there's a lot of room to work together. >> lower the rats. i'm not sure where the democrats are. th they have not offere
. >> should there be a compromise in order to avoid going over the fiscal cliff? john boehner is already ready for $800 billion in early tax revenue. this is raising the tax rate on the wealthy. but eliminating loopholes, are you with the speaker of the house? >> unfortunately, the presidency has already taken us over the cliff. businesses have already paired back their plans and they're hiring for next year anticipating what's going to happen. so we can fix this christmas eve, if...
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Dec 17, 2012
12/12
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tracy: house speaker john boehner met with president obama for the latest round of fiscal cliff talks. the meetings, and he'll love the new proposal which cause for raising a trillion dollars of tax revenue over 10 years. increasing tax rates in families earning over $1 million for the first time republicans have offered any concession on taxes and propose cutting a trillion dollars in spending. ashley: however the white house is not accepted the latest plan the president's proposal only "balancing a fiscal plan." @o what will it take to get a deal done? we have both sides of this one. michael burgess of texas, and peter welch. congressman, thank you both for being here. let's start with congressman burgess. is this a sign that perhaps speaker boehner caving in to giving some ground talking about the tax hike of those earning a million dollars and more? are you happy with that proposal? >> no, i would not characterize it as happy. what was seen in the last couple of weeks was an absolute refusal on the part of president obama to engage on this. perhaps the good news is at least there
tracy: house speaker john boehner met with president obama for the latest round of fiscal cliff talks. the meetings, and he'll love the new proposal which cause for raising a trillion dollars of tax revenue over 10 years. increasing tax rates in families earning over $1 million for the first time republicans have offered any concession on taxes and propose cutting a trillion dollars in spending. ashley: however the white house is not accepted the latest plan the president's proposal only...
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Nov 30, 2012
11/12
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but going over the fiscal cliff is serious business. >> reporter: any real deal-making is the stuff of quiet conversations and meetings. rob neighbors used the language of high-stakes diplomacy to respond to john boehner's complaint >> i thought the conversation was very direct. and as always, i appreciate directness. >> reporter: while the senate majority leader, harry reid, was very blunt about being pessimistic. >> i don't understand his brain, you should ask him. >> reporter: visiting their nation's capitol today, mixed expectations from tourists from georgia and texas >> i hope they get it, more than i did before the election. >> of course i'm nervous, you never know what politicians are going to do. >> reporter: democrats, still lifted by their election success, argued that voters chose higher tax rates for wealthy americans as part of any plan to cut the deficit. and say republicans will have to give in. >> did speaker john boehner get the message? because the message was work together. >> they're not going to openly concede on this point this far out from the deadline, but they
but going over the fiscal cliff is serious business. >> reporter: any real deal-making is the stuff of quiet conversations and meetings. rob neighbors used the language of high-stakes diplomacy to respond to john boehner's complaint >> i thought the conversation was very direct. and as always, i appreciate directness. >> reporter: while the senate majority leader, harry reid, was very blunt about being pessimistic. >> i don't understand his brain, you should ask him....
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Nov 29, 2012
11/12
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we report as if this fiscal cliff were a bruce willis movie, an ast troid coming from outer space unexpectedly. this fiscal cliff was deliberately put in place. >> by these guys. >> by these people. >> on their watch. >> you hear harry reid go up there. the senate has been incapable of passing a budget for several years. >> four years. >> i'm not talking about the senate passing a budget and the house agreeing and the president sign. just that one chamber. >> you don't sound like you're hopeful they're going to get a deal done any time soon. >> i think the market is being complacent. i think there likely will be a deal before the super bowl in february. i'd say most likely. but those talks will break down before there's a deal. i'm not sure this market is prepared for a breakdown. >> christian, what about that? clearly, the market is not prepared for it because the market is hanging on every word from each side. what do you want to do in the interim as an investor? >> staid stai >> stay on the sidelines, mostly. the market doesn't like political disagreements. there's a lot of money sitting ti
we report as if this fiscal cliff were a bruce willis movie, an ast troid coming from outer space unexpectedly. this fiscal cliff was deliberately put in place. >> by these guys. >> by these people. >> on their watch. >> you hear harry reid go up there. the senate has been incapable of passing a budget for several years. >> four years. >> i'm not talking about the senate passing a budget and the house agreeing and the president sign. just that one chamber....
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Nov 29, 2012
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and now to john boehner. >> -- sending the economy over the fiscal cliff. two weeks ago we had a very productive conversation at the white house. based on where we stand today, i would say two things. first, despite claims that the president supports a balanced approach, democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign style rallies and one-sided leaks in the press are nolts the way to get things done here in washington. majority leader and i just had a meeting with the treasury secretary. it was frank and it was direct. i was hopeful we'd see a specific plan for cutting spending. we sought to find out today what the president really is willing to do. i remain hopeful that productive conversations can be had in the days ahead. but the white house has to get serious. yesterday our leadership t
and now to john boehner. >> -- sending the economy over the fiscal cliff. two weeks ago we had a very productive conversation at the white house. based on where we stand today, i would say two things. first, despite claims that the president supports a balanced approach, democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. this is not a game. jobs are on...
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Dec 26, 2012
12/12
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john? >> melissa, i want to bring you up to date on the fiscal cliff developments. first of all, as you mentioned, secretary geithner has informed the senate that the united states government will hit its debt ceiling on monday. that is december 31st. now, that doesn't mean that anything happens immediately, because the treasury can take various steps to postpone the moment of reckoning, probably a couple of months. it's still significant. that's an effort to pressure congress. secondly, the house republicans have met, leadership has met, sent a letter to democrats saying the house has acted, now it's up to the senate to act. that's, of course, the m theic-controlled senate which has no intention of taking up that house bill, which would extend all of the bush tax cuts. the president wants to only extent cuts for incomes under $250,000. senate democratic leadership aide tells me there's a 50/50 chance for a mini deal, temporary extension of the tax cuts, before january 1st, but we haven't seen any progress on it yet. president obama is coming back early as you menti
john? >> melissa, i want to bring you up to date on the fiscal cliff developments. first of all, as you mentioned, secretary geithner has informed the senate that the united states government will hit its debt ceiling on monday. that is december 31st. now, that doesn't mean that anything happens immediately, because the treasury can take various steps to postpone the moment of reckoning, probably a couple of months. it's still significant. that's an effort to pressure congress. secondly,...
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Dec 6, 2012
12/12
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. >>> here is what is passing for progress to avoid the fiscal cliff at year's end. president obama and house speaker john boehner spoke about it on the phone with one another. that discussion came as treasury secretary tim geithner confirmed mr. obama is prepared to take the economy over the cliff unless republicans agree to raise tax rates on the wealthy. >>> meantime in georgia, some activists expressed frustration about the stalemate in holiday spirit. they delivered symbolic lumps of kill to the offices of both of their state's u.s. senators. security guard met them, at chambliss' office. a few were let inside without the camera and media present. of course. that would have been the real story. >> folks are upset now. see what happens january 1 after you get the first paycheck and go, oh, this is what the fiscal cliff meant. yeah. 2013. the next story involves a new grassroots campaign that is starting. meant to draw attention to the nation's debt crisis. it is our "favorite story of the day." the campaign is called -- "the can kicks back." aimed at young people
. >>> here is what is passing for progress to avoid the fiscal cliff at year's end. president obama and house speaker john boehner spoke about it on the phone with one another. that discussion came as treasury secretary tim geithner confirmed mr. obama is prepared to take the economy over the cliff unless republicans agree to raise tax rates on the wealthy. >>> meantime in georgia, some activists expressed frustration about the stalemate in holiday spirit. they delivered...
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Nov 30, 2012
11/12
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words from john bain other as we get react on fiscal cliff talks that exploded in the open. saying that it reads like a democratic wish-list and could plunge the economy back into recession. oh joy. welcome here. i'm bill hemmer. live in "america's newsroom.". martha: good morning, bill. bill: we'll find the silver lining in this, aren't we? martha: we are. bill: that is our quest. martha: i'm martha maccallum. here are the basics when they put forth through tim geithner yesterday from the president. 1.6 trillion in new taxes. that is the opening part of the deal. 50 billion in new stimulus spending. we already had a lot of backlash in stimulus in previous packages. this is interesting element here. new executive power to raise the debt limit. that is what caused so many of these discussions because they bump up against the debt limit and not be able to go back this. there is executive power plea to be able to do that without going back to confess. republicans are saying where is the balance? where is the spending cut side of the equation. the president said he wanted it to
words from john bain other as we get react on fiscal cliff talks that exploded in the open. saying that it reads like a democratic wish-list and could plunge the economy back into recession. oh joy. welcome here. i'm bill hemmer. live in "america's newsroom.". martha: good morning, bill. bill: we'll find the silver lining in this, aren't we? martha: we are. bill: that is our quest. martha: i'm martha maccallum. here are the basics when they put forth through tim geithner yesterday...
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Nov 28, 2012
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the fiscal cliff through the significant spending cuts and tax reform and are committed to working with the president. >> this is one reason why we believe we put revenue on the table. as long as it's accompanied by serious spending cuts. to avert this crisis. >> texas senator john cornyn says the bipartisan simpson-bowles deficit plan offered meaningful savings worth pursuing. >> they identified $1.1 trillion tax expenditures, benefits, deduction, credit and the like that could be cut as part of grand bargain. we ought to look at that. we need to flatten the code, simplify it and make it pro-growth. >> on the democratic side, senate majority leader harry reid told reporters he would like credit for what congress previously cut. >> we have already done a billion dollars worth of cuts. >> today, the top democrat in the house took a similar approach. >> i think it's important to note we have already agreed to $1.5 trillion in cuts in the budget control act and other acts in this session of congress. so now we wait to see the revenue piece to that. >> asked what she would be willing to sla
the fiscal cliff through the significant spending cuts and tax reform and are committed to working with the president. >> this is one reason why we believe we put revenue on the table. as long as it's accompanied by serious spending cuts. to avert this crisis. >> texas senator john cornyn says the bipartisan simpson-bowles deficit plan offered meaningful savings worth pursuing. >> they identified $1.1 trillion tax expenditures, benefits, deduction, credit and the like that...
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Nov 29, 2012
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all higher after comment prs the president and john boehner expressing optimism on fiscal cliff negotiations in washington. the dow rallied a hundred points off those comments. wall street investors really want to see this fixed. goldman sachs ceo lloyd blankfine opening the door to raising taxes on the rich. 'hnd others met with the president, leaders of congress yesterday for the fiscal cliff talks. listen to what he told wolf when asked if taxes should go up on families making more than $250,000 a year. >> if that's what it took to make the math work when you look at the entitlement side and the revenue side, i wouldn't preclude that. of course we would have to do that if the numbers drive that way. >> he also said the way we're going now america can't afford itself. fiscal talks continue with treasury secretary geithner making the rounds on capitol hill. third quarter gdp expected to be revised higher today meaning the economy is growing faster than first thought. economists expect gdp for the last blue bar on your chart there to be revised from 2.to 2.8%. that's good news. this is still
all higher after comment prs the president and john boehner expressing optimism on fiscal cliff negotiations in washington. the dow rallied a hundred points off those comments. wall street investors really want to see this fixed. goldman sachs ceo lloyd blankfine opening the door to raising taxes on the rich. 'hnd others met with the president, leaders of congress yesterday for the fiscal cliff talks. listen to what he told wolf when asked if taxes should go up on families making more than...
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Dec 7, 2012
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what is john thune's plan to keep us from going over the fiscal cliff. he's coming in. >> brian: first, the aflac trivia question, born on this day in 1932, this actress received an academy award nomination for her lead role in "the exorcist." who is she? be first. you'll get a hug. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is onl
what is john thune's plan to keep us from going over the fiscal cliff. he's coming in. >> brian: first, the aflac trivia question, born on this day in 1932, this actress received an academy award nomination for her lead role in "the exorcist." who is she? be first. you'll get a hug. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose....
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Nov 30, 2012
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. >>> the key on brokering a fiscal cliff deal may end up going beyond the heated negotiations into something more personal. treasury secretary tim geithner playing a key role as negotiator. he does have a strong relationship with house speaker john boehner. how do personal relationships affect political judgments in washington? joining me now, msnbc political analyst and columnist for "the hill," karen finney and republican strategist john braybender. good morning to both of you. it's interesting because tim geithner was persona non grata, including from speaker boehner. geithner has said he isn't the most likely guy to be going up on capitol hill. is this about his relationship with the speaker? what is it about? >> i think it's partially that. also, tim geithner is respected, he does still have respect among folks on wall street and business leaders. so a no of the stakeholders respect what he has to say. i think people see him as an honest broker and straight shooter. i can tell you i've been in meetings with him. he can be very direct and very blunt, but he also has a very solid understa
. >>> the key on brokering a fiscal cliff deal may end up going beyond the heated negotiations into something more personal. treasury secretary tim geithner playing a key role as negotiator. he does have a strong relationship with house speaker john boehner. how do personal relationships affect political judgments in washington? joining me now, msnbc political analyst and columnist for "the hill," karen finney and republican strategist john braybender. good morning to both of...
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Dec 5, 2012
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the soap opera we call the fiscal cliff. before we get to our chief washington john harwood and the president is meeting with another grouch ceos, i need to start with eamon javers on capitol hill where lawmakers are skipping down early for a long weekend. eamon, wasn't thanksgiving just a couple weeks ago? >> it was. let me check michael ichaey cal. you see rank and file members of congress leaving the capitol. they are done for the week. they're headed back loam to their hometown districts. a lot of folks focused on this negotiation right now but the reality is that the negotiations are taking place among just a very few, very high level people. i was talking to a few rank and file members yesterday who said they were frustrated there is not a whole lot for them to do, they are just sitting around here waiting for some break-through in these negotiations. they want something to do on the floor, in their offices and there is not much for them to sink their teeth into. now they're going into their district. leadership is goi
the soap opera we call the fiscal cliff. before we get to our chief washington john harwood and the president is meeting with another grouch ceos, i need to start with eamon javers on capitol hill where lawmakers are skipping down early for a long weekend. eamon, wasn't thanksgiving just a couple weeks ago? >> it was. let me check michael ichaey cal. you see rank and file members of congress leaving the capitol. they are done for the week. they're headed back loam to their hometown...
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Nov 26, 2012
11/12
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. >>> meantime, ty, state attorneys general have sounded the fiscal cliff alarm this well. 43 ags have sent a letter to congressional leadership's urging them to extend the tax relief on the mortgage debt forgiveness. diana olick has the letter and she joins us with washington with more of the details on that. hi, diana. >> sue, you're right. five largest banks in this nation have already wiped out more than $6 billion of mortgage principle debt for thousands of borrowers under that giant mortgage settle many that just went into effect early this year. they've also wiped out according to the monitor of the settlement more than $13 billion worth of debt involved in short sales. that, say the nation's state attorney general provide rerelief to homeowners trying to get back on their feet. that quote comes to a letter signed by 43 state ags urging congress to extend the mortgage debt relief act that's been in effect for the last five years but which expires at the end of next month. mortgage debt relief is usualally taxable. if it is not extended, all future debt relief -- that is your pri
. >>> meantime, ty, state attorneys general have sounded the fiscal cliff alarm this well. 43 ags have sent a letter to congressional leadership's urging them to extend the tax relief on the mortgage debt forgiveness. diana olick has the letter and she joins us with washington with more of the details on that. hi, diana. >> sue, you're right. five largest banks in this nation have already wiped out more than $6 billion of mortgage principle debt for thousands of borrowers under...
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Dec 20, 2012
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thank you. ♪ >> looks like those fiscal cliff talks are breaking down. john boehner told congress to prepare for plan b. you know what that means when congress talks about plan b? the rest us end up with plan f and u. okay? that's the plan we get. >> gretchen: that's one of his better ones 'cause it's unfortunately probably true. there is still no deal -- >> brian: i'm predicting a deal on christmas eve. >> gretchen: i'm not. >> brian: christmas miracle. i think it will be an after school special next year. >> steve: i think it's going to go right to the end. >> gretchen: somehow from this we're going to move on to talking about the fiscal cliff. so what did the debt credit control senate do last night? they went to the movies. >> steve: steven spielberg was there, please. >> gretchen: doug has more. okay, doug. so was this for inspiration station or what was it? >> maybe so. i guess if congress can't practice statesmanship, at least they can watch it. this is one of those persons that comes with being a member of congress. we may be drawing closer and c
thank you. ♪ >> looks like those fiscal cliff talks are breaking down. john boehner told congress to prepare for plan b. you know what that means when congress talks about plan b? the rest us end up with plan f and u. okay? that's the plan we get. >> gretchen: that's one of his better ones 'cause it's unfortunately probably true. there is still no deal -- >> brian: i'm predicting a deal on christmas eve. >> gretchen: i'm not. >> brian: christmas miracle. i think...
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Dec 3, 2012
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its plan for the fiscal cliff. > >> i said you can't be serious. we have 7 weeks went election and the end of the year and three those weeks have been wasted. bill: flabbergasted, rich. wasting time. three weeks gone by. >> well, yeah, i think this offer speaks more to a desire on the part of the white house to break and humiliate republicans than it does to have a serious negotiation. on the other hand way these things work. you can pretty much go to sleep until right at the end, then it's days before it's goark yaitd. but it wouldn't surprise me if we do go over the cliff. they should pass an extension of all these tax cuts, make it clear they want to keep them for everyone including have much for the middle class. john boehner should say we passed this out of the house. let's see harry reid and the democrats pass this out of the senate. bill: i get the impression both sides are miles apart from the deal. and i'm told by smart people i'm dead wrong on that. are you of mind a or mind b, rich? >> i don't think there is a deal sitting there. i think
its plan for the fiscal cliff. > >> i said you can't be serious. we have 7 weeks went election and the end of the year and three those weeks have been wasted. bill: flabbergasted, rich. wasting time. three weeks gone by. >> well, yeah, i think this offer speaks more to a desire on the part of the white house to break and humiliate republicans than it does to have a serious negotiation. on the other hand way these things work. you can pretty much go to sleep until right at the...
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Dec 28, 2012
12/12
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FBC
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that is our next guest's solution to fixing the fiscal cliff and ending the kabuki theater. throw the bums out. joining us, senior economic consultant and former adviser to britain's margaret thatcher and john brown, one of the long as titles on the show today. make your case. >> i think the fiscal cliff is damaging to the economy and american prestige, it is merely a side issue to the entitlement cliff that was engineered and constructed by the career politicians from both parties and the only way to stop it and fiscal cliff is bad enough, imagined getting rid of the entitlement cliff. it would take years and years of problems and the only way to surmount that in my view is to have strict single term limits for all politicians because the moment the politicians place their reelection and their career ahead of their party in the country, we want to reverse, we want the country to come first and that is the only way they can do it. the tea party has been very effective in targeting tax you see being argued now in congress and the house. with the republican party, the wrong ta
that is our next guest's solution to fixing the fiscal cliff and ending the kabuki theater. throw the bums out. joining us, senior economic consultant and former adviser to britain's margaret thatcher and john brown, one of the long as titles on the show today. make your case. >> i think the fiscal cliff is damaging to the economy and american prestige, it is merely a side issue to the entitlement cliff that was engineered and constructed by the career politicians from both parties and...
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Nov 29, 2012
11/12
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CNBC
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. >>> plus, speaker john boehner will speak in just a few minutes on the fiscal cliff. you're going to want to hear what he has to say. we'll be right back. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. >>> the european markets are closing now. >> with that a sea of green. simon hobbs. >> john boehner, the possibility he may speak. let's see how far we can get for a rundown of the european markets. should you be invested in european equities now? don't worry about today's trade. check out this board of where we are now on the dow jones industrial average versus what's happening in europe. see the late surge coming through from the european equities on the white line? you now have a substantial outperformance for the year from those blue chips on the other side of the atlantic. we talk about europe all the time. you know the dynamics within that. looking forward, goldman sachs is actually suggesting you will
. >>> plus, speaker john boehner will speak in just a few minutes on the fiscal cliff. you're going to want to hear what he has to say. we'll be right back. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. >>> the european markets are closing now. >> with that a sea of green. simon hobbs. >> john boehner,...